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Comparison HighLow vs Saxo Bank
The InvestorGreg.net broker comparisons assess over a dozen different brokers, finding the best online trading brokers. This comparison page compares HighLow vs Saxo Bank. Is HighLow or Saxo Bank a better online broker?
Firstly, let’s compare commission fees provided by these brokers for regular transactions. When analyzing trading options, the commission fees of HighLow is none - fixed payouts, and that one of Saxo Bank is from £2.50 per lot. You can read more detailed information on commission fees in the online broker reviews.
It is important for investors to know what types of online trading broker supports and what tools they can use for trading. Let’s compare them. Options Trading are provided to customers by HighLow and Stocks Trading, Options Trading, ETFs Trading, Mutual Funds Trading, Bonds Trading, Forex Trading, Futures Trading, Crypto Trading, Robo Advisor are provided by Saxo Bank. Concerning the platforms, HighLow uses Web Platform, Android App, iOS App, while Saxo Bank uses Desktop Platform (Windows), Desktop Platform (MacOS), Android App, iOS App.
In conclusion, when comparing the two online brokers, we should pay our attention to the year and country of foundation, the regulatory authorities and ways to withdraw funds. HighLow was founded in 2014 in Australia, and it is regulated by ASIC. And Saxo Bank was founded in 1992 in Denmark, and it is regulated by FCA, FSA, DFSA, ASIC, FSC. Withdrawal of funds from HighLow can be done using Bank Wire, Visa/Mastercard with a withdrawal fee of 2% fee on all withdrawals. And Saxo Bank provides the ability to withdraw funds using Bank Wire with a withdrawal fee of 0. The withdrawal time for HighLow is 1 - 3 business days, and that one for Saxo Bank is 1-2 business days.
As a result, the rating of HighLow is 4.6 stars versus that of Saxo Bank of 4.1 stars.